The World Bank classifies countries as developing when they have a(n)

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The World Bank classifies countries as developing based on their low per capita income. This means that the average income per person in the country is relatively low compared to other countries, and generally indicates a lower level of development in terms of economic growth, industrialization, and standard of living. Factors such as a lack of infrastructure, a low rate of savings, and an inequitable distribution of income can all contribute to a low per capita income, but it is the income level itself that is the primary criterion for classification as a developing country. A low rate of population growth may be a characteristic of some developing countries, but it is not the defining feature.

The World Bank Classifies Countries as Developing When They Have